Hey BP, Anybody heard of the new FHA student loan rule? As of 6-30-16 I believe, you and your spouses total student loan debt will be calculated differently. Instead of using the amount that you pay a month for your s...

Hello all , Newbie here trying to understand how many mortgages I will be stuck with. Let's say I have a million dollar home, with 500k equity in it. I would like to pull this out with a HELOC and put it as my down pa...

I have a question about a section in my purchase and sales agreetment I plan on using.

It reads the following...

EXISTING MORTGAGE (s): Existing financing on subject property will be current in all payments of princ...

Hello,I'm a big fan of biggerpocket podcast. This is my first post. I've lived in my townhome for over 5 years (great are great community) and my next door neighbor plans to sell her townhome in the near future. She's...

I am new to BP I haven't even complete mt profile I apologize to all for the unprofessional approach but I'm in a difficult situation.I am a new investor I have a decent income no wife no kids trying to build wealth.I...

Help!!! I am trying to get a mortgage.. $85k max.. originally for investment purposes but circumstances have changed due to a death in the family. I've tried credit unions, local banks, big banks... no one will approv...

I am new and looking to buy my first long term rental, something small looking 2 - 4 fam.  Question is generally how much money do you have to put down? Or would you recommend to put down?

First of all, I forgot there was a sub forum just for HOA issues. I LOL’d. Anyway, this HOA has been ignoring calls and emails of mine for months now. More specifically, the company the HOA outsources payments to. The...

I'm becoming very interested in owner financing houses.  I've been reading a lot about wraparound mortgages.  Now I'm wondering if the wraparound mortgage can be avoided all together.  Here's my thought:Do the first t...

A few of the facts. Any help or suggestions will be greatly appreciated. Thanks!Hi David, As promised, here are the specifics:We purchased our house in 2003 for $332,000 with $0 down, interest only, and at a variable...